SUBSIDY REMOVAL: WORSE TIMES LOOMING? GOD FORBID!

The deregulation of the downstream sector of the oil industry proposed by the Jonathan administration offered great promise of economic prosperity for the Nigerian nation. Basically, it would certainly have ended the "fantastic corruption" surrounding the fuel subsidy transactions thereby raising amounts available to the FAAC to share among the three tiers of Government over the years. If the policy was backed by necessary strategic legislative frameworks such as the provisions of the Petroleum Industry Bill (PIB), great numbers of jobs would have been created and our nation would have been saved the new trend of militancy represented by the Niger Delta Avengers... Nigerians deserve apology from the champions of anti-deregulation campaigns that led to the unfortunate postponement of that policy.